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Updated over 1 year ago,
Lease Cancellation / Lease Arbitrage / Airbnb Arbitrage
Hi,
My business partner & I have a couple Short Term Rental Lease Arbitrages, were we rent the units with the consent of the landlord and put them on Airbnb/VRBO. If we wanted to get rid of one of our properties because we are going in a different direction, but still have 2 years left on our lease. What would be the best way to cancel that contract/how does that work out? It is a Mom & Pop Landlord.
We are going to wait till April, but wanted to get ahead of the game. Any recommendations are welcomed, thank you!